Deputy Managing Director of Prudential Bank Ltd, Mr Richard K. Acolatse has urged Ghanaians to disregard reports circulating in the public that Prudential Bank is on the verge of folding up.

He denied the claims in an interview on Peace FM, on Wednesday, insisting that the bank is thriving than ever before.

The bank in a statement said, “The bank [Prudential] has never experienced liquidity problems nor has it gone to the bank of Ghana for liquidity support in its 22-year history. This can be attested by the Bank of Ghana”.

“We publicly publish and release our bank statements to the public and cherished customers. They are aware of our current status and we are still in business and thriving,” Mr Acolatse told the host.

A social media user, Elikem Kotoko, in a post on Tuesday claimed on his Facebook wall that the indigenous bank was bankrupt and will be taken over by the Bank of Ghana (BoG) in the coming days.

He also urged customers of the bank to go and withdraw their monies to prevent holdups when the bank goes down.

But the Deputy Managing director has rubbished such false claims, saying the bank is still strong, assuring customers that their monies are safe.